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Orestimba Creek Feasibility Study - Stanislaus County

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Economics Appendix – Draft Report - <strong>Orestimba</strong> <strong>Creek</strong> <strong>Feasibility</strong> <strong>Study</strong>, <strong>Stanislaus</strong> <strong>County</strong>, California – September 2012<br />

Table 4 – Blackeye Bean Farm Budget Analysis<br />

U.C. COOPERATIVE EXTENSION<br />

MONTHLY COSTS PER ACRE TO PRODUCE BLACKEYE BEANS<br />

SAN JOAQUIN VALLEY – 2008<br />

NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEP OCT TOTAL<br />

Cultural: * * * * * *<br />

Land Prep – Disc 2X 19 19<br />

Land Prep – Shape Beds 17 17<br />

Land Prep – List Beds 9 9<br />

Irrigate – Pre-Irrigation 24 24<br />

Irrigate – Make/Close Tail Ditch 2 2 1 1 6<br />

Weed Control – Apply & Incorporate<br />

Preplant Herbicide(Treflan, Dual),<br />

22 22<br />

1Pass<br />

Plant: Beans + Inoculant 24 24<br />

Weed Control – Cultivate 5 5<br />

Irrigate – Water and Labor 5X 20 46 46 112<br />

Insect Control – Lygus (Warrior) Air 22 22 43<br />

Pickup Truck – (bean business) 5 5 5 5 5 5 5 5 37<br />

TOTAL CULTURAL COSTS 5 0 0 0 0 5 97 55 73 72 6 5 318<br />

Cut and Rake Beans: 35 35<br />

Thresh Beans: 72 72<br />

Haul Beans to Warehouse 17 17<br />

Clean, Bag& Grade 92 92<br />

Store & Insurance 24 24<br />

Assessments 6 6<br />

TOTAL HARVEST COSTS 35 205 246<br />

Interest on Operating Capital @ 7.65% 1 1 1 2 2 3 9<br />

TOTAL OPERATING<br />

COSTS/ACRE:<br />

11 0 0 0 0 5 98 56 75 74 43 213 573<br />

OVERHEAD:<br />

Office Expense/Crop Insurance 3 0 0 0 0 3 3 3 3 3 3 3 25<br />

Land Rent 225 225<br />

Property Taxes/Insurance 21 20 41<br />

Investment Repairs 1<br />

TOTAL CASH OVERHEAD COSTS 3 0 21 0 0 3 3 3 23 3 3 228 292<br />

TOTAL CASH COSTS/ACRE 14 0 21 0 0 8 101 59 98 77 46 441 865<br />

62

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